While the Fed is expected to maintain the status quo on the interest rates this time around while adopting a wait-and-watch strategy, inflation worries loom amid rising crude oil prices which are hovering around the $92/bbl.
RBI rate cut to support growth; when credit offtake rises, so will deposits: Axis Bank CEO Amitabh Chaudhry
Amitabh Chaudhry of Axis Bank believes India’s growth remains strong despite global issues. He anticipates increased credit demand following rate cuts. Japanese banks’ entry signals